qbteachmt
Level 15
07-15-2020
11:43 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Of course the gift tax is the issue for the parent. If the tax on the gain seems hefty, wait until it is related to the giving of the property which never got reported.
*******************************
"Level Up" is a gaming function, not a real life function.
"Level Up" is a gaming function, not a real life function.